Fidelity New York Municipal MM Fund Inst (FNKXX)
1.00
0.00 (0.00%)
USD |
Jan 09 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.20% | 5.140B | -- | -- |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 854.06M | 2.56% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks as high a level of current income, exempt from federal income and New York State and City income taxes, as is consistent with preservation of capital. The Fund invests in municipal money market securities, including shares of a fund managed by an affiliate of Fidelity Management & Research. |
| General | |
| Security Type | Money Market Fund |
| Equity Style | -- |
| Broad Asset Class | Money Market |
| Broad Category | Capital Preservation |
| Global Peer Group | Bond USD Tax Exempt Money Market |
| Peer Group | New York Tax-Exempt Money Market Funds |
| Global Macro | Bond HC |
| US Macro | Tax-Exempt Money Market Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | New York Tax-Exempt Money Market Funds |
| Fund Owner Firm Name | Fidelity Investments |
| Broad Asset Class Benchmark Index | |
| ^BBUTB13MTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
10
12.20M
Peer Group Low
416.89M
Peer Group High
1 Year
% Rank:
10
854.06M
-310.14M
Peer Group Low
854.06M
Peer Group High
3 Months
% Rank:
10
-11.54M
Peer Group Low
679.89M
Peer Group High
3 Years
% Rank:
10
-408.87M
Peer Group Low
2.301B
Peer Group High
6 Months
% Rank:
10
28.93M
Peer Group Low
694.16M
Peer Group High
5 Years
% Rank:
20
49.90M
Peer Group Low
2.250B
Peer Group High
YTD
% Rank:
--
--
Peer Group Low
--
Peer Group High
10 Years
% Rank:
10
-153.11M
Peer Group Low
3.123B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of January 11, 2026.
Asset Allocation
As of November 30, 2025.
| Type | % Net |
|---|---|
| Cash | 8.84% |
| Stock | 0.00% |
| Bond | 91.16% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.00% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
FIDELITY MUNICIPAL CASH CENTRAL FUND
|
8.32% | -- | -- |
| NEW YORK ST HSG FIN AGY REV NY 3.300 05/15/2041 | 4.35% | -- | -- |
| NEW YORK ST HSG FIN AGY REV NY 3.380 05/15/2041 | 2.86% | -- | -- |
| 11/15/2050 | 2.33% | -- | -- |
| NEW YORK N Y NY 08/01/2044 | 1.69% | 100.00 | 0.00% |
| RBC MUN PRODS INC TR VARIOUS STS 11/15/2022 (Matured) | 1.68% | -- | -- |
| NEW YORK ST HSG FIN AGY REV NY 3.500 05/15/2030 | 1.60% | -- | -- |
| NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY REV NY 3.380 12/01/2036 | 1.42% | -- | -- |
| NEW YORK N Y NY 3.100 10/01/2038 | 1.35% | -- | -- |
| NEW YORK ST HSG FIN AGY REV NY 3.500 05/01/2029 | 1.32% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.15% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1.00M None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks as high a level of current income, exempt from federal income and New York State and City income taxes, as is consistent with preservation of capital. The Fund invests in municipal money market securities, including shares of a fund managed by an affiliate of Fidelity Management & Research. |
| General | |
| Security Type | Money Market Fund |
| Equity Style | -- |
| Broad Asset Class | Money Market |
| Broad Category | Capital Preservation |
| Global Peer Group | Bond USD Tax Exempt Money Market |
| Peer Group | New York Tax-Exempt Money Market Funds |
| Global Macro | Bond HC |
| US Macro | Tax-Exempt Money Market Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | New York Tax-Exempt Money Market Funds |
| Fund Owner Firm Name | Fidelity Investments |
| Broad Asset Class Benchmark Index | |
| ^BBUTB13MTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (1-9-26) | 2.59% |
| 30-Day SEC Yield (11-30-24) | 2.90% |
| 7-Day SEC Yield (12-31-25) | 2.90% |
| Number of Holdings | 454 |
| Bond | |
| Yield to Maturity (11-30-25) | -- |
| Effective Duration | -- |
| Average Coupon | -- |
| Calculated Average Quality | -- |
| Effective Maturity | -- |
| Nominal Maturity | -- |
| Number of Bond Holdings | 451 |
As of November 30, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |